Bitcoin's price will jump over $80,000 by end of the year — Binance CEO
Bitcoin is set to continue its record-breaking rally and rise above $80,000 (R1.5 million) as institutional investors pour more money into the crypto-backed exchange-traded funds, according to Binance chief executive...
1,500 new "millionaire wallets" created by Bitcoin price jump
Bitcoin’s record-breaking rally appears to be creating around 1,500 new “millionaire wallets” daily, according to crypto analytics firm Kaiko Research.
The wallets are digital addresses on the Bitcoin blockchain, in which users can...
Bitcoin sees biggest swing in a year after hitting record price
Bitcoin is rallying back toward all-time highs after its surge to a record on Tuesday was met with massive selling, resulting in the cryptocurrency’s most volatile price action of the year.
The largest and oldest token was up 5.8%...
Bitcoin nearing all-time record
At the heart of the rally that is pushing Bitcoin toward a record high is a simple tenet of economics: supply and demand.
Demand for the token from new US exchange-traded funds is outstripping the amount of Bitcoin that long-time holders are willing to sell...
Bitcoin rallies to $57,000 for first time in over two years
Bitcoin retook the $57,000 (R1.1 million) level for the first time since late 2021, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc.
The digital asset added as much as 4.4%...
Bitcoin surges to $50,000 value for first time in over two years
Bitcoin hovered around $50,000 after scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that had cast doubt on the industry’s viability.
The largest...
Bitcoin slides as ETF fanfare cools
Bitcoin posted its worst streak in about a month amid ebbing fanfare over new US exchange-traded funds for the largest digital asset.
The token fell as much as 1.9% before paring some of the slide to trade at $42,239 as of 9 a.m. Monday in Singapore. It has...
Bitcoin ETFs approved
US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond.
The...
Hacked SEC X account posts Bitcoin ETF has been approved
A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday.
The SEC’s X account was compromised and...
Bitcoin price jumps to near two-year high
Bitcoin surpassed $45,000 (R823,261) for the first time in nearly two years as anticipation of an approval of an exchange-traded fund investing directly in the biggest token intensified.
The cryptocurrency jumped as much as 4.3% to its highest level...
Bitcoin price rallies to $42,000
Bitcoin shrugged off a slide in global markets during a rally to a more than 19-month high, a sign of its decoupling from other assets.
The token jumped 5.8% to scale $42,000 (R790,000) on Monday and was just below that level in morning Asian trading on...
Bitcoin price surges after false report about ETF approval
A brief 10% surge in Bitcoin on Monday gave traders a glimpse into the possible impact of a looming US Securities & Exchange Commission decision on whether to allow exchange-traded funds investing directly in the token.
An erroneous...